7924 N Socrum Loop Rd Lakeland, FL 33809
Estimated payment $4,540/month
Total Views
7,069
7
Beds
3
Baths
4,409
Sq Ft
$155
Price per Sq Ft
Highlights
- Wood Flooring
- No HOA
- Accessible Entrance
- Lincoln Avenue Academy Rated A-
- Circular Driveway
- Accessible Full Bathroom
About This Home
With incredible passive income possibilities, this Lakeland jewel is perfect for the savvy investor or those just starting out looking for an astonishing money-generating property. 7924 N Socrum Loop comprises 3 single-family houses all on one lot! Unit 1 has 2 bedrooms, 1 full bathroom, screened-in porches, and over 1,296 sq feet of living space. Unit 2 has 4 bedrooms (2 masters), 2 full bathrooms, a carport, tons of storage, and over 1,681 sq ft of living space. Unit 3 has 1 bedroom, one full bath, a screened-in porch, and 900 sq ft of living space. All properties have private patios, dining/ living room areas, generous closet space, individual HVAC Units, updated roofs, and laundry facilities. This Triplex is low maintenance with considerable upside potential. Current owners had renters in place until recently. Don't miss this fantastic opportunity to own an extraordinary income-producing property in Lakeland, Florida. Schedule your showing today and yourself! You'll be glad you did.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,715
Year Built
- Built in 1947
Lot Details
- 0.7 Acre Lot
- Few Trees
- May Be Possible The Lot Can Be Split Into 2+ Parcels
Home Design
- Wood Frame Construction
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 4,409 Sq Ft Home
- 1-Story Property
- Fire and Smoke Detector
- Laundry in unit
Kitchen
- Electric Oven
- Electric Range
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Parking
- 10 Parking Spaces
- 2 Carport Spaces
- Circular Driveway
- Off-Street Parking
Accessible Home Design
- Accessible Full Bathroom
- Accessible Kitchen
- Accessibility Features
- Accessible Entrance
Utilities
- Central Heating and Cooling System
- 200+ Amp Service
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 23-27-12-000000-022060
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
- **Verifying Subd** Subdivision
Building Details
- Income includes ["laundry" "parking" "rent only" "storage"]
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2025 03/13/25 | Price Changed | $684,600 | -3.3% | $155 / Sq Ft |
| 02/27/2025 02/27/25 | Price Changed | $708,000 | -2.9% | $161 / Sq Ft |
| 11/21/2024 11/21/24 | For Sale | $728,900 | +15.2% | $165 / Sq Ft |
| 06/02/2022 06/02/22 | Sold | $633,000 | -1.6% | $175 / Sq Ft |
| 05/05/2022 05/05/22 | Pending | -- | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $643,000 | +73.8% | $178 / Sq Ft |
| 12/02/2021 12/02/21 | Sold | $370,000 | -7.5% | $102 / Sq Ft |
| 11/05/2021 11/05/21 | Pending | -- | -- | -- |
| 11/02/2021 11/02/21 | For Sale | $399,900 | +45.4% | $111 / Sq Ft |
| 03/14/2019 03/14/19 | Sold | $275,000 | 0.0% | $76 / Sq Ft |
| 12/16/2018 12/16/18 | Pending | -- | -- | -- |
| 11/17/2018 11/17/18 | For Sale | $275,000 | 0.0% | $76 / Sq Ft |
| 10/02/2018 10/02/18 | Pending | -- | -- | -- |
| 08/04/2018 08/04/18 | For Sale | $275,000 | -- | $76 / Sq Ft |
Source: realMLS (Northeast Florida Multiple Listing Service)
Similar Home in Lakeland, FL
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 2057632
APN: 232712000000022060
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